KENNEBEC JOURNAL • October 31, 2020
By the year 2050, 8 of 10 cars sold globally will likely be electric. What that prediction really means, assuming it comes true, is that the U.S. will need oil and gas for many decades to come. Even in the best-case scenario for those eager to see the world off natural gas and oil, that transition is a long way off. To ensure the Texas energy industry remains healthy through this change, it’s crucial that politicians face reality. Setting an arbitrary execution date for fossil fuels isn’t helpful. Using smart, market-based regulations to guide the industry through change is good politics and good economics. ~ Editorial by The Dallas Morning News